Asian American Retailers Association

Asian American Retailers Association shows consistent asset growth and zero officer compensation over a decade.

EIN: 202788314 · Piscataway, NJ · NTEE: S41 · Updated: 2026-03-28

$380KRevenue

$674KAssets

85/100Mission Score (Excellent)

S41

About Asian American Retailers Association

Asian American Retailers Association (EIN: 202788314) is a nonprofit organization based in Piscataway, NJ, classified under NTEE code S41. The organization reported total revenue of $380K and total assets of $674K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asian American Retailers Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Asian American Retailers Association (AARA) demonstrates a generally stable financial trajectory, with its latest reported revenue at $379,760 and assets at $674,188. Over the past decade, the organization has shown consistent growth in assets, increasing from $187,539 in 2013 to $674,188 currently, indicating sound financial management and accumulation of resources. Revenue has fluctuated but generally trended upwards, with a notable dip in 2020 ($11,049) followed by strong recovery. The organization consistently reports 0% officer compensation, which is a significant indicator of volunteer leadership and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances its transparency and financial efficiency.

While specific program spending percentages are not detailed in the provided data, the consistent reporting of 0% officer compensation suggests a high degree of financial efficiency in terms of leadership costs. The organization's liabilities have remained very low across most years, often at $0 or in the low thousands, which speaks to strong fiscal responsibility and a healthy balance sheet. The substantial growth in assets, particularly from $453,472 in 2022 to $674,188 currently, further solidifies its financial health.

Overall, AARA appears to be a financially healthy and transparent organization, particularly given its consistent growth in assets and the absence of executive compensation. The low liabilities and consistent revenue generation (with the exception of the pandemic year) point to a well-managed nonprofit. To fully assess spending efficiency, a detailed breakdown of program, administrative, and fundraising expenses would be beneficial, but the available data suggests a strong foundation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Asian American Retailers Association with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Asian American Retailers Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with latest revenue of $379,760.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Asian American Retailers Association's IRS 990 filings:

Lack of detailed program vs. administrative spending breakdown in provided data, making precise efficiency analysis difficult.

Strengths

The following positive indicators were identified for Asian American Retailers Association:

Consistent 0% officer compensation, indicating volunteer leadership and high efficiency in leadership costs.
Strong and consistent asset growth over the past decade, from $187,539 in 2013 to $674,188 currently.
Very low liabilities across most filing periods, often $0, demonstrating strong fiscal responsibility.
Significant recovery in revenue post-2020, showing resilience and effective fundraising.

Frequently Asked Questions about Asian American Retailers Association

Is Asian American Retailers Association financially stable?

Yes, the organization appears financially stable, demonstrating consistent asset growth from $187,539 in 2013 to $674,188 currently, and generally healthy revenue streams, with low liabilities.

Does AARA pay its officers?

No, the IRS 990 filings consistently report 0% officer compensation across all available periods, indicating a volunteer-led organization.

How has AARA's revenue trended over time?

AARA's revenue has fluctuated but shown an overall upward trend, recovering strongly from a significant dip in 2020 ($11,049) to $314,536 in 2022 and $379,760 most recently.

What is the organization's asset growth like?

The organization has shown strong asset growth, increasing from $187,539 in 2013 to $674,188 currently, indicating effective financial management and accumulation of resources.

Filing History

IRS 990 filing history for Asian American Retailers Association showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Asian American Retailers Association's revenue has grown by 49.6%, moving from $210K to $315K. Total assets increased by 233.6% over the same period, from $136K to $453K. Total functional expenses rose by 16.6%, from $172K to $200K. In its most recent filing year (2022), Asian American Retailers Association reported a surplus of $115K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$315K	$200K	$453K	$0	—	View 990
2021	$219K	$189K	$341K	$2K	—	View 990
2020	$11K	$66K	$311K	$11K	—	—
2019	$322K	$282K	$357K	$2K	—	View 990
2018	$327K	$346K	$318K	$3K	—	View 990
2017	$328K	$260K	$277K	$0	—	—
2016	$265K	$248K	$189K	$1K	—	View 990
2015	$204K	$226K	$177K	$124	—	View 990
2014	$263K	$251K	$200K	$2K	—	View 990
2013	$257K	$226K	$188K	$2K	—	View 990
2012	$224K	$175K	$155K	$1K	—	View 990
2011	$210K	$172K	$136K	$0	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $315K, expenses of $200K, and assets of $453K (revenue +43.9% year-over-year).
2021: Revenue of $219K, expenses of $189K, and assets of $341K (revenue +1878.0% year-over-year).
2020: Revenue of $11K, expenses of $66K, and assets of $311K (revenue -96.6% year-over-year).
2019: Revenue of $322K, expenses of $282K, and assets of $357K (revenue -1.8% year-over-year).
2018: Revenue of $327K, expenses of $346K, and assets of $318K (revenue -0.2% year-over-year).
2017: Revenue of $328K, expenses of $260K, and assets of $277K (revenue +23.8% year-over-year).
2016: Revenue of $265K, expenses of $248K, and assets of $189K (revenue +30.2% year-over-year).
2015: Revenue of $204K, expenses of $226K, and assets of $177K (revenue -22.7% year-over-year).
2014: Revenue of $263K, expenses of $251K, and assets of $200K (revenue +2.4% year-over-year).
2013: Revenue of $257K, expenses of $226K, and assets of $188K (revenue +14.8% year-over-year).
2012: Revenue of $224K, expenses of $175K, and assets of $155K (revenue +6.6% year-over-year).
2011: Revenue of $210K, expenses of $172K, and assets of $136K.

Data Sources and Methodology

This transparency report for Asian American Retailers Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.